HIGHLIGHTS
CORPORATE
- Change of name (from D’Aguilar Gold Limited) to better reflect the company business model.
- Establishment of London based New Opportunities Group targeting bulk commodities in Africa and the Middle East.
GOLD-SILVER
- SolGold plc (DGR 35.2 million shares – 9.5%) continued to drill out and develop its gold and silver mineralised system at the Rannes project, Central Queensland.
- Navaho Gold Ltd (DGR 27 million shares – 29%) holds substantial prospective ground position in Queensland and Nevada and New Mexico, USA.
- Orbis Gold Ltd (DGR 45 million shares – 27%) has announced a maiden Inferred Mineral Resource of 3.2 million tonnes at 6.5 g/t for 660,000 ounces contained gold. Furthermore, Orbis Gold Ltd announced outstanding gold assay results extending the high grade mineralisation to 200 metres depth over 2.3 km strike length at Nabanga; new gold discoveries at Bantou and Boungou in Burkina Faso. (Note 1, Page 22)
- Pinnacle Gold Pty Ltd (DGR 94%) secures 8 exploration licences over potential new gold and silver province in New South Wales.
NICKEL-COBALT
- AusNiCo Ltd (DGR 59 million shares – 41.5%) extends nickel-cobalt mineralised zone by drilling near Kilkivan, with copper and gold credits.
- Copper-Gold-Silver-Molybdenum
- Archer Resources Limited (DGR 67%) and wholly owned subsidiary Barlyne Mining Pty Ltd assembles package of 7 major porphyry copper gold silver molybdenum Projects.
- SolGold plc has a right to acquire 85% interest in the Cascabel gold-copper-silver porphyry property in northern Ecuador, South America.
IRON-TITANIUM
- IronRidge Resources Limited (DGR 56.5%) appoints CEO and is successful in securing substantial exploration tenements for iron ore in Gabon, West Africa.
GAS-OIL
- Armour Energy Ltd (DGR 75 million shares - 25%) takes a 13% equity position in ASX listed Lakes Oil NL (ASX:LKO) and earns in to Petroleum Exploration licence areas in the onshore Otway and Gippsland Basins in Victoria. Armour completes $75 million IPO and ASX listing in April 2012 after securing almost 130,000 km² of very prospective tenements in the Northern Territory and north west Queensland. Initial gas discoveries at Cow Lagoon and Glyde in the Northern Territory.
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